Tag: Fundraising
Upcoming IPOs: Companies Raise ₹2,835 Crore with Two Major Openings
So, like, The Leela Palaces and Aegis Vopak Terminals have been making waves in the market, raising a whopping ₹2,835 crore from their anchor investors. The Leela Palaces, backed by Brookfield, managed to snag...
Adani Ports plans to raise up to ₹6,000 crore through NCDs
Adani Ports and Special Economic Zone, a company under the Adani Group, is planning to raise about ₹6,000 crore through Non-Convertible Debentures (NCDs). The company's Board of Directors gave the go-ahead for this decision...
Hyderabad Angels Launches ₹100-cr Fund to Support Start-ups
Hyderabad Angels Launches ₹100-cr Fund to Support Start-upsIn a recent announcement, Hyderabad Angels unveiled the Hyderabad Angels Fund (HAF), aimed at bolstering growth-stage start-ups with a hefty ₹100 crore fund. The fund, led by...
Tata Communications Raises ₹465 Crore Through Commercial Papers
Tata Communications Raises ₹465 Crore Through Commercial PapersTata Communications, a leading telecommunications company, recently made a significant financial move by issuing commercial papers to raise a substantial sum of ₹465 crore. This strategic decision...
NBFC Infra Debt Fund Raising Eligible for I-T Exemption
The Income Tax Department recently announced an amendment regarding the eligibility for Income Tax exemption for Non-Banking Financial Company’s Infrastructure Debt Fund (IDF). This new notification allows IDF to issue three categories of instruments...